Research & Development to play role in the growth of Technology & machineryDemand from consumer economies to expand

The global gems and jewellery industry has been growing at an astronomical pace in recent years,
thanks to the importance given to key sectors
such as Research and Development in the Technology
and Machine tools segment by well known companies.
Research and Development has not only resulted in the
development of innovative techniques but also has
elevated the gem and jewellery industry to the highest
level of quality and precision. Technology and Machine
tools have changed the way not only a manufacturer
looks at a final product, but also has affected consumers'
preference. Today every consumer is looking at finesse
and exclusivity in the product that he buys and is also
willing to pay a premium for the same. Leading Jewellery
designers of the world have acknowledged the role of
technology in jewellery making and today most of the
designs are exquisite only because of the interference of
technology in the final product.

Every technical process from Mine to Market involves
technology and Machine tool expertise, be it refining of
precious metal, to polishing of the precious stone, or
moulding and setting involved in jewellery making.
Packaging too has evolved and is playing a vital role in
the sale of jewellery, all thanks to the advent of
innovation in technology. Jewellery industry is probably
only second to Information Technology sector [IT] when
it comes to investment in Research and Development.
Leading Machiner y, Technology and Education
companies of the world from the jewellery sector are
earmarking huge investments in their respective R&D
departments for continuous research and come out with
state of the art tools that not only will save time of production but also help in accurate determination of the
'subject' which in turn will determine perfect 'pricing' of
the final product. Be it Gold, Platinum, Diamond or Color
gemstones, Technology helps in determining the product
quality, achieve finesse in production which saves time,
effort and money in the process of manufacturing and
ultimately helps derive pricing of the finished product.
Some of the classic examples of recent Research products
are 'Synthetic Diamond determination Machine and
Melee screening , introduced by GIA, Melee Screening
device from IIDGR, Diamond counting machine by HRD
Antwerp, Rhodium processing technology by Nadir
Metals Turkey etc. These innovations have truly
transformed the very essence of manufacturing by easing
out many a process involved in the production of a
finished product. Global consumers are getting a taste of
the best quality and exclusively crafted products which is
now a norm.

Technology has also compensated the growing Gold
rates and Diamond prices by intervening the production
process. Light weight Jewellery is a result of cutting edge
technology. Leading manufacturers of the world have
been successful in launching 'light weight jewellery
products', be it chains, necklaces, bangles or any other
due to the usage of high quality precision equipments.
Light weight jewellery have also become the most
sought after by budget consumers. Diamond wastes due
to cutting and polishing have also found good use in the
making of jewellery. With large consumer markets such
as China, India, Malaysia etc showing promise of
increased demand in jewellery buying, Technology and
tool manufacturers are leaving no stones unturned to
bring in the best and most feasible instruments that
would not only increase production, but also save time
and thus increase profits. Leading technology giants are
investing heavily in the Research and Development to
churn out the best of Precision technology products that
is bound to benefit the entire Jewellery manufacturing
industry. Investments are being earmarked not only in
the area's of production but also marketing, distribution
and training. Technology and Machine tool companies
are going all out to appoint partners, distributors and
dealers to gain optimum reach in the International
markets. The future of the gems and jewellery industry
lies in Innovation.